Careers (June 14, 1999)
Dome Mine, a division of Placer Dome North America, is an underground and open pit gold mining operation located within the City of Timmins, Ontario. The Mine has been in operation since 1910 and is p…
News
NEVADA & THE WESTERN STATES — Newmont builds new Carlin mine — Projected capital cost of underground operation reduced to US$65m
With the aid of a portal at the bottom of the Betze-Post pit, Newmont Mining (NEM-N) has begun building its fourth underground mine in Nevada’s Carlin trend.In recent years, the company has been deple…
NEVADA & THE WESTERN STATES — Wharf mine a solid producer for Goldcorp
While most of the attention directed toward Goldcorp (G-T) is related to its Red Lake development in Ontario, the Toronto-based company has been quietly cranking out gold at its expanded Wharf mine in…
NEVADA & THE WESTERN STATES — Nevada voted tops for mining investment
A survey of hard-rock mining companies throughout North America has concluded that Nevada is far and away the highest-rated region for overall investment attractiveness.The survey was carried out by t…
NEVADA & THE WESTERN STATES — Copper takes toll on BHP
With copper prices still languishing well below US$1 per lb., many of the mines acquired by Broken Hill Proprietary (BHP-N) in its 1995 takeover of Magma Copper are losing money and facing possible cl…
GREATEST VALUE TRADED, June 2-8, 1999
ExchgVol (000s)HighLowCloseChangeAlcoa*N326414…
NEVADA & THE WESTERN STATES — Vista works out bugs at Mineral Ridge mine
Technical setbacks at the newly acquired Mineral Ridge gold mine and lower production at the Hycroft gold mine, both of which are in Nevada, translated into a disappointing first quarter for Vista Gol…
Freeport hunkers down and goes — Grasberg solidifies status as world’s lowest-cost copper producer
James Moffett, the no-nonsense chairman of Freeport-McMoRan Copper & Gold (FCX-N), once predicted that if copper prices “went in the dumper,” his company’s Grasberg mine in Indonesia and BHP’s Escondi…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Tough luck
Timing is everything, and mine wasn’t good. I decided to join the brokerage fraternity in Toronto at the worst possible time — in the mid-1960s, not long after the trading scandal involving Windfall …
NEVADA & THE WESTERN STATES — Hecla returns to Sunset
Hecla Mining (HL-N) has begun its second drill program on the Sunset gold property owned by Cimarron Minerals (CIU-V) in Mineral Cty., Nev.Hecla, which is earning a 65% interest in the property, compl…
EDITORIAL & OPINION — Expropriation without compensation — Montana’s I-137
Imagine spending US$70 million acquiring, exploring and developing a gold-silver deposit and then having it placed in perpetual limbo by two government initiatives: one, banning your project; the othe…
NEVADA & THE WESTERN STATES — White Knight joins with Kennecott Exploration
Kennecott Exploration has entered into an option agreement with White Knight Resources (WKR-V) on the latter’s Lone Mountain gold property in Nevada.The Rio Tinto (RTP-N) subsidiary can earn an initia…